WATERS CORP /DE/ — Director's Dealing 2016

May 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATERS CORP /DE/ (WAT)
CIK: 0001000697
Period of Report: 2016-05-04

Reporting Person: KUEBLER CHRISTOPHER A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-04	Common Stock	M	4000	$48.88	Acquired	20461	Direct
2016-05-04	Common Stock	S	4000	$129.88	Disposed	16461	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-04	Stock Option (Right to Buy)	$48.88	M	4000	Disposed	2017-01-03	Common Stock (4000)	Direct